Cheap Homes for Rent in Forest Manor Neighborhood of Indianapolis, IN from $600 (25 Rentals)

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Search the lowest-cost Homes available for rent right now in the Forest Manor area of Indianapolis.

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property at 3502 Brouse Ave

$950 - $975

2 Bedroom Rentals

Available Now

3502 Brouse Ave

IndianapolisIN46218

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Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Showing Results 1-25, Page 1 of 1

Cheapest Available Forest Manor Apartments for Rent

 

The cheapest available apartment rental in the Forest Manor area of Indianapolis, IN is a 1 Bed unit found at Indy Town Apartments priced from $795. Greenway Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $795. Here are the most affordable Forest Manor apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Indy Town ApartmentsGreenway 1 bedroom1BR,1BA$795
Greenway ApartmentsGreenway 1 bedroom1BR,1BA$795
Frederick SquareFrederick Square 1 bedroom1BR,1BA$798
Hopeside I2.2-40%-H2BR,2BA$852
The Prairies Apartment Homes1x1 Classic1BR,1BA$879

Best Value Apartments for Rent in Forest Manor, IN

As of January 13, 2026 the best value apartment in the Forest Manor area is the $0.93 price per square foot 2.2-40% Model at Hopeside I in the in the Martindale neighborhood starting from $852. The second greatest value Forest Manor apartment is the Two Bedroom One Bath Model at Willow Brook starting at $999 with a $1.25 price per square foot in the United Northeast neighborhood. Here is today’s list of the best values for Forest Manor apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Hopeside I2.2-40%2BR,2BA$0.93
Willow BrookTwo Bedroom One Bath2BR,1BA$1.25
East Village at Avondale Meadows ApartmentsA11BR,1BA$1.24
Fallwood1 Bed/1.5 Ba Dn1BR,1.5BA$1.43
7 Pointe ApartmentsAdmiral1BR,1BA$1.36
Frederick SquareFrederick Square 1 bedroom1BR,1BA$1.14
Indy Town ApartmentsGreenway 1 bedroom1BR,1BA$1.20
Greenway ApartmentsGreenway 1 bedroom1BR,1BA$1.20
The Prairies Apartment Homes1x1 Classic1BR,1BA$1.37
2945 Schofield Ave, Unit 29452945 Schofield Ave2BR,1BA$1.50

Frequently Asked Questions about Forest Manor

What type of rentals are currently available in Forest Manor?

There are currently 93 Apartments for Rent in Forest Manor, IN with pricing that ranges from $649 to $7,144. There are also 105 Single Family Homes for rent, Condos, and Townhome rentals currently available in Forest Manor ranging from $649 to $2,350.

What is the current price range for Rental Homes in Forest Manor?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Forest Manor ranges from $649 to $2,350 with an average monthly rent of $1,257.

How much are larger Three and Four Bedroom Rentals in Forest Manor?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Forest Manor range from $1,075 to $7,144, while Three Bedroom Homes, Condos, and Townhomes for rent range from $925 to $2,299. Four Bedroom Single-Family rentals are also available starting from $1,247 and Four Bedroom Apartments start at $925.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Helpful Local Expert Guides

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A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis

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Indianapolis is not only the state capital of Indiana, it’s also a shining example of what Midwestern living is all about. I’m Wendy, your ApartmentHomeLiving.

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Articles, How-To's, and Tips

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Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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